KBC Group NV raised its position in Realogy Holdings Corp (NYSE:RLGY) by 180.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 77,073 shares of the financial services provider’s stock after purchasing an additional 49,557 shares during the period. KBC Group NV’s holdings in Realogy were worth $1,757,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tikehau Investment Management acquired a new position in shares of Realogy in the 1st quarter worth approximately $14,972,000. M&T Bank Corp lifted its position in shares of Realogy by 30.0% in the 1st quarter. M&T Bank Corp now owns 51,074 shares of the financial services provider’s stock worth $1,393,000 after purchasing an additional 11,792 shares during the period. Lucia Wealth Services LLC lifted its position in shares of Realogy by 113.9% in the 1st quarter. Lucia Wealth Services LLC now owns 89,934 shares of the financial services provider’s stock worth $2,453,000 after purchasing an additional 47,884 shares during the period. Okumus Fund Management Ltd. lifted its position in shares of Realogy by 43.3% in the 1st quarter. Okumus Fund Management Ltd. now owns 8,227,926 shares of the financial services provider’s stock worth $224,458,000 after purchasing an additional 2,484,565 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of Realogy by 39.7% during the 1st quarter. SG Americas Securities LLC now owns 33,517 shares of the financial services provider’s stock valued at $914,000 after acquiring an additional 9,530 shares during the period.

Realogy stock opened at $21.24 on Monday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.56 and a current ratio of 0.56. Realogy Holdings Corp has a 12-month low of $20.02 and a 12-month high of $35.00. The firm has a market cap of $2.63 billion, a P/E ratio of 13.53, a P/E/G ratio of 0.58 and a beta of 1.19.

Realogy (NYSE:RLGY) last released its earnings results on Friday, August 3rd. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.01. Realogy had a net margin of 6.58% and a return on equity of 8.32%. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the company earned $0.78 EPS. Realogy’s quarterly revenue was up 1.5% compared to the same quarter last year. equities research analysts expect that Realogy Holdings Corp will post 1.83 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 30th. Investors of record on Thursday, August 16th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, August 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.69%. Realogy’s payout ratio is presently 22.93%.

A number of research firms recently issued reports on RLGY. Zacks Investment Research upgraded shares of Realogy from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Wednesday, May 2nd. Citigroup dropped their target price on shares of Realogy from $37.00 to $35.00 and set a “buy” rating on the stock in a research report on Friday, May 4th. Finally, ValuEngine downgraded shares of Realogy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Five analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $31.75.

Realogy Profile

Realogy Holdings Corp. is an integrated provider of residential real estate services in the United States. The Company is the franchisor of residential real estate brokerages with some of the recognized brands in the real estate industry, the owner of United States residential real estate brokerage offices, the global provider of outsourced employee relocation services and a provider of title and settlement services.

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Institutional Ownership by Quarter for Realogy (NYSE:RLGY)

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